USGS: Bossier & Haynesville Gas Quadruples

USGS: Bossier & Haynesville Biggest Fields Ever Assessed
The U.S. Geological Survey (USGS) released new estimates (Apr. 13) of the Haynesville and Bossier fields, finding that collectively they contain more than quadruple the amount of natural gas thought to be in place in 2010. Combined, the two fields now outstrip estimates of the Marcellus and Utica shales, making this the largest continuous natural gas assessment that USGS has ever conducted. Including onshore, state waters and a portion of the U.S. Gulf Coast, USGS believes there to be mean natural gas of 304.4 trillion cubic feet (Tcf) and natural gas liquids (NGLs) of 1.9 billion barrels (predictions of estimated undiscovered, technically recoverable resources). In 2010, USGS estimated that the Bossier contains a mean of 9 Tcf of gas and the Haynesville 61.4 Tcf. USGS News Release: Click Here.

Categories: Bossier, Haynesville, Louisiana, Mississippi, Texas, U.S.G.S.

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